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AP Paper Mills:
- Hyderabad based.
- One of largest
integrated paper and pulp manufacturer in India
- Capacity of 2,42,000
tonnes per annum spread across 2 mills in Rajahmundry and Kadiyam.
- APPM reported loss of `
12.7 Cr due to clean up act post IP acquisition.
- Made provision of ` 16.2Cr
for disputed matters pending.
- US based International paper bought 75% stake in AP Paper in Oct 2011.
- International papers is a US$ 28 billion global giant with operations in 24 countries.
- MNC Parent is a big hope for the Indian company.
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